Midterm forecast: - While the price is above the support 1.74900, beginning of uptrend is expected.
- We make sure when the resistance at 1.79850 breaks.
- If the support at 1.74900 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis: - While the RSI downtrend #1 is not broken, bearish wave in price would continue.
- A peak is formed in daily chart at 1.7905 on 12/16/2020, so more losses to support(s) 1.7695 and minimum to Major Support (1.7490) is expected.
- Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
- Relative strength index (RSI) is 44.
Supports and Resistances: - 2.0535
- Resistance on 04/03/2020
- Resistance on 04/02/2020
- Resistance on 04/01/2020
- Resistance on 03/19/2020
- Resistance on 03/09/2020
- Resistance on 05/26/2016
- Resistance on 02/11/2016
- Resistance on 02/10/2016
- Resistance on 02/09/2016
- Resistance on 02/05/2016
- Resistance on 02/03/2016
- Resistance on 01/27/2016
- Resistance on 01/26/2016
- Support on 01/13/2016
- Support on 01/12/2016
- Resistance on 01/05/2016
- Resistance on 01/04/2016
- Resistance on 12/29/2015
- Support on 12/07/2015
- Support on 12/04/2015
- Support on 12/01/2015
- Support on 07/10/2015
- Resistance on 07/02/2015
- Resistance on 06/30/2015
- Resistance on 06/18/2015
- Resistance on 06/17/2015
- 1.9535
- Resistance on 05/04/2020
- Resistance on 04/23/2020
- Support on 04/21/2020
- Support on 04/20/2020
- Support on 04/14/2020
- Support on 04/13/2020
- Support on 04/10/2020
- Support on 03/25/2020
- Support on 03/24/2020
- Support on 03/06/2020
- Support on 02/25/2020
- Support on 02/24/2020
- Resistance on 01/30/2020
- Resistance on 12/16/2019
- 1.9135
- Support on 04/28/2020
- Resistance on 01/08/2020
- Resistance on 01/07/2020
- Support on 12/17/2019
- Resistance on 12/04/2019
- Resistance on 11/29/2019
- Resistance on 11/28/2019
- Support on 06/16/2016
- Support on 06/15/2016
- Support on 06/14/2016
- Support on 06/13/2016
- Resistance on 03/09/2016
- Support on 03/03/2016
- Resistance on 04/10/2015
- Support on 03/18/2015
- Support on 01/29/2015
- Resistance on 01/02/2015
- Support on 12/26/2014
- Support on 12/24/2014
- Support on 12/23/2014
- Support on 12/22/2014
- Support on 12/19/2014
- Support on 12/18/2014
- Support on 12/17/2014
- 1.8450
- Resistance on 11/02/2020
- Resistance on 10/30/2020
- Resistance on 10/29/2020
- Resistance on 10/28/2020
- Resistance on 10/20/2020
- Resistance on 06/12/2020
- Resistance on 06/02/2020
- Support on 05/29/2020
- Support on 05/27/2020
- Resistance on 09/23/2019
- Resistance on 09/20/2019
- Resistance on 09/19/2019
- Resistance on 05/22/2019
- Resistance on 04/24/2019
- Resistance on 04/08/2019
- Resistance on 04/01/2019
- Support on 03/26/2019
- Support on 03/13/2019
- Support on 03/12/2019
- Support on 03/11/2019
- Support on 03/08/2019
- Resistance on 02/26/2019
- Resistance on 02/21/2019
- Resistance on 01/29/2019
- Resistance on 01/25/2019
- Resistance on 01/24/2019
- Resistance on 01/03/2019
- Peak on 01/03/2019
- Resistance on 10/23/2018
- Resistance on 10/18/2018
- Support on 10/12/2018
- Support on 10/10/2018
- Support on 10/09/2018
- Support on 10/08/2018
- 1.8235
- Resistance on 12/02/2020
- Resistance on 12/01/2020
- Resistance on 11/25/2020
- Resistance on 11/20/2020
- Resistance on 11/19/2020
- Resistance on 11/18/2020
- Resistance on 11/11/2020
- Resistance on 11/10/2020
- Resistance on 11/04/2020
- Support on 10/28/2020
- Support on 10/27/2020
- Support on 10/26/2020
- Support on 10/23/2020
- Resistance on 10/16/2020
- Resistance on 10/15/2020
- Resistance on 09/28/2020
- Resistance on 09/07/2020
- Resistance on 09/02/2020
- Resistance on 09/01/2020
- Support on 08/26/2020
- Support on 08/24/2020
- Support on 08/21/2020
- Resistance on 08/07/2020
- Resistance on 08/06/2020
- Support on 08/04/2020
- Resistance on 07/30/2020
- Resistance on 06/18/2020
- Support on 06/17/2020
- Support on 06/12/2020
- Support on 09/26/2019
- Resistance on 09/17/2019
- Resistance on 08/28/2019
- Resistance on 08/27/2019
- Resistance on 08/26/2019
- Resistance on 06/26/2019
- Support on 06/19/2019
- Support on 06/18/2019
- Resistance on 06/10/2019
- Resistance on 06/07/2019
- Resistance on 06/06/2019
- Resistance on 06/05/2019
- Resistance on 06/03/2019
- Support on 05/30/2019
- Support on 05/29/2019
- Resistance on 04/23/2019
- Resistance on 02/20/2019
- Resistance on 02/19/2019
- Resistance on 02/12/2019
- Resistance on 02/11/2019
- Resistance on 02/07/2019
- Resistance on 01/03/2019
- Resistance on 10/26/2018
- Resistance on 10/25/2018
- Support on 10/24/2018
- Support on 10/19/2018
- Resistance on 10/03/2018
- Resistance on 09/21/2018
- Resistance on 09/20/2018
- Resistance on 09/19/2018
- 1.7490
- Support on 12/11/2020
- Support on 09/11/2020
- Resistance on 12/12/2018
- Resistance on 12/11/2018
- Support on 12/06/2018
- Support on 11/28/2018
- Support on 11/16/2018
- Support on 11/15/2018
- Support on 08/29/2018
- Support on 08/27/2018
- Resistance on 08/20/2018
- Support on 08/06/2018
- Support on 01/31/2018
- Resistance on 01/29/2018
- Resistance on 01/23/2018
- 1.7285
- Support on 12/12/2018
- Support on 12/05/2018
- Support on 08/09/2018
- Trough on 08/09/2018
- Support on 01/19/2018
- Support on 01/18/2018
- Support on 01/17/2018
- Support on 01/16/2018
- Support on 01/15/2018
- 1.6860
- Support on 10/25/2017
- Resistance on 10/20/2017
- Resistance on 10/19/2017
- Support on 10/12/2017
- Resistance on 09/20/2017
- Support on 07/04/2017
- Resistance on 06/26/2017
- Resistance on 06/19/2017
- Resistance on 06/16/2017
- Support on 06/09/2017
- Support on 01/05/2017
- Support on 01/04/2017
- Support on 12/16/2016
- Support on 12/15/2016
- Support on 12/14/2016
- Resistance on 12/09/2016
- 1.6550
- Resistance on 08/15/2017
- Resistance on 08/11/2017
- Resistance on 08/09/2017
- Resistance on 08/04/2017
- Resistance on 07/31/2017
- Resistance on 04/17/2017
- Resistance on 04/14/2017
- Resistance on 04/10/2017
- Resistance on 04/07/2017
- Resistance on 04/06/2017
- Resistance on 03/28/2017
- Resistance on 03/27/2017
- Support on 02/01/2017
- Resistance on 01/24/2017
- Resistance on 01/23/2017
- Resistance on 01/11/2017
- Support on 11/29/2016
Click on the level to view price action history. |